Marcus & Millichap, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 38.0% | 14.8% | 9.0% |
| FY2017 | 38.0% | 13.4% | 7.2% |
| FY2018 | 38.3% | 13.8% | 10.7% |
| FY2019 | — | 12.0% | 9.5% |
| FY2020 | — | 7.5% | 6.0% |
| FY2021 | — | 14.6% | 11.0% |
| FY2022 | — | 10.6% | 8.0% |
| FY2023 | — | -9.2% | -5.3% |
| FY2024 | — | -4.7% | -1.8% |
| FY2025 | — | -1.8% | -0.3% |